Bradford-based financial services giant Provident Financial has seen turnover rise five per cent in its results for the year ending December 31.

Provident has seen turnover jump to £875 million, while home credit customers have also risen by 12 per cent to 2.6 million.

Pre-tax profits also rose by 7.4 per cent to £182.1 million.

The company, which also owns Yes Car Credit, has seen the division perform well - with post acquisition profits of £22,000.

Internationally, the firm saw turnover rise 43 per cent to £142 million.

John van Kuffeler, Provident's chairman, said: "Provident Financial has an impressive record of growth and has delivered good results during 2002."

The firm has lending operations in Poland, the Czech Republic, Hungary and Slovakia.

Mr Van Kuffler added: "In 2003 we expect market conditions for UK home credit to remain similar to those in 2002. While Yes Car Credit has expanded rapidly, under its previous ownership its growth had been constrained by the limited financial resources available to it.''